The stock looks like its moving up but i do not think it will run more , even if runs it will touch the 1690 and turn back which i think its hard because of negative sentiment in the market for any time correction , so i am looking two different level for short set up
01) Price brakes 1550 then I will go for short for target of 1480 which is short term move then i will look for another set up or side way before heading for 1385 as second target
02) Price may brake current level and can move till 1650 i will wait for reversal sign and go short selling and try to book near 1500 as the price will go for side ways if turned down form 1650 to 1500
Lets see what happens this is currently in my chart
Regards
01) Price brakes 1550 then I will go for short for target of 1480 which is short term move then i will look for another set up or side way before heading for 1385 as second target
02) Price may brake current level and can move till 1650 i will wait for reversal sign and go short selling and try to book near 1500 as the price will go for side ways if turned down form 1650 to 1500
Lets see what happens this is currently in my chart
Regards
Trade active:
Price moving
Comment:
1st Trade Profit booked form 1565 to 1615
50 Points
I am basically looking for short selling opportunity once the price tags to 1650
Regards
50 Points
I am basically looking for short selling opportunity once the price tags to 1650
Regards
Regards